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BlackEdge Capital

Quantitative Option Pricing Intern

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Chicago, IL, USA
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Chicago, IL, USA

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Top Skills: ExcelPowerPointSalesforceSeismic

If you are looking to join a small, dynamic, growing firm in the financial technology sector, you have come to the right place. BlackEdge has built a strong foundation of success as an industry leading market maker in the treasury options space. Now we need talented people like you to build on that foundation by further improving and leveraging our existing success to expand into new markets.

An internship at BlackEdge will give you a taste of life as a quantitative researcher in the options market making space. The first half of your internship will focus on teaching you option pricing theory, market making dynamics, and trading system operations. The second half will provide you the opportunity via projects to perform meaningful analysis to continue to drive BlackEdge's pricing and modeling advantages.

What you'll do:
  • Build expertise in option pricing dynamics and trading strategy optimization
  • Participate in mock trading and other training sessions
  • Collaborate with traders to understand their high-level needs, translating problem descriptions into actionable research questions
  • Develop robust, data-driven models that balance theoretical rigor with practical application, using mathematical and statistical techniques
  • Prototype and iterate on solutions, ensuring they are implementable within our low-latency trading systems
  • Present findings and recommendations to trading and technology teams, fostering a culture of knowledge-sharing
What we need:
  • Graduating in Winter 2026 or Spring 2027 with at least a Master's degree in a financial engineering field
  • Strong quantitative skills and logical reasoning
  • Excellent verbal and written communication skills
  • Ability to maintain composure under pressure

A final note about our culture: we are pursuing excellence in trading. We want to be the best market makers in each product we trade and are relentless in our pursuit of incremental improvement. Every day is an opportunity to get a little bit better. Everyone here takes deep pride and ownership in what they do. The buck doesn't get passed along, it stops with you.


HQ

BlackEdge Capital Chicago, Illinois, USA Office

811 W Fulton Market , Chicago, IL, United States, 60607

HQ

BlackEdge Capital Chicago, Illinois, USA Office

811 W Fulton Market , Chicago, IL, United States, 60607

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